Private client investment house Killik & Co has launched a save and invest app-based service called Silo.

Offering a mix of technology and human skill, it gives users three ways to save using one platform.

These are: 'Monthly Recurring Silos', where users can contribute via Direct Debit from just £25 a month; 'Intelligent Silos', where users can link their bank account to the app, which studies their spending habits, calculates how much they can afford to set aside each day and makes investments for them; and 'Silo Ad Hoc Boosts', which allows users to add to their funds anytime.

Users can also set up eit...